Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

AUB prices $400 million of USD Perpetual Additional Tier 1 Securities

AUB intends to deploy this new capital towards both organic and inorganic growth opportunities.

QSE keen on ties with US markets to widen its global expansion

The Qatar Stock Exchange is keen to strengthen co-operation with the US securities markets as part of its efforts to attract more international fund houses.

Qatar buys majority stake in three luxury London hotels

The company has been amassing some of Europe’s best-known hotels including the Intercontinental Park Lane, the St Regis in Rome and Le Grand in Paris.

Qatari-led group completes deal to buy London's Canary Wharf

It is expected that Songbird's shares will cease to trade on London's AIM market on April 23.

Top funds laugh all the way to banks

The Qatar sovereign investment fund was one of the major investors of AgBank in its initial public offering five years ago, as it took up HK$21.84 billion worth of the bank's shares.

Growthgate Capital fully merits the 2015 Best MENA Mid-Market Private Equity House GCC

Growthgate Capital Corporation has awarded by CFI.co (Capital Finance International) as the Best MENA Mid-Market Private Equity House this year

Saudi Arabia timeline for foreign institutional investors’ access confirmed

The Saudi regulatory authority (Capital Market Authority, or CMA) confirmed that the opening up of the market for direct market access by qualified foreign institutional investors is on track

UAE small businesses want to convert pricey loans into business mortgages

Small businesses are looking to roll high-interest post-crisis unsecured loans into commercial mortgages as banks ramp up their commercial portfolios and interest rates remain low.

Intesa Sanpaolo has opened its first branch in Istanbul, Turkey

The Italian lender Intesa Sanpaolo has opened its first branch in Istanbul, Turkey.

Big banks lend support to Dubai’s diamond trade ambitions

Three leading UAE banks are backing Dubai’s ambition to become a global diamond trading centre.

VP honours winners of Dubai Quality Award

Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, attended the 21st Business Excellence Awards ceremony

Bahrain's Ahli United Bank sets IPTs for benchmark dollar Tier 1 bond -leads

Bahrain's Ahli United Bank has set initial price guidance for a benchmark U.S. dollar-denominated bond issue that will enhance its capital reserves and should price later in the week, a document from lead arrangers showed.

Dubai's Noor bank sets price thoughts for $500 mln 5-yr debut dollar sukuk

Dubai's Noor Bank is marketing a $500 million, five-year debut U.S. dollar sukuk issue, which could price as early as Tuesday, a document from lead arrangers showed.

Warba Bank launches "Mosawama" for local and international commodities

Warba Bank strongly believes in the importance of providing innovative banking products and solutions serving all segments of the society

Al Hilal GCC Equity Fund named 'Best Islamic Fund' at Banker Middle East UAE Product Awards 2015

Net Asset Value up 4.85 per cent for the year 2014 despite sluggish market

I Squared Capital raises $3B global infrastructure fund

Infrastructure-focused investment firm I Squared Capital (ISQ) has raised $3 billion in a global fund that will invest in assets across several markets, including India

US Freedom Capital launches fund for non-US investors in US commercial real estate

US Freedom Capital, a premier investment advisory firm with over $4 billion investment experience in commercial real estate, construction, and property management, today launched its second family of funds - the US Freedom Capital Fund, an investment fund

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